Economic Indicators

The coronavirus pandemic accelerated a major shift in the retail industry. Traffic to stores evaporated. Online credit-card transactions soared. E-commerce sales in the second quarter rose by 44.5% compared with the same period in 2019 and they now make up 16% of all U.S. retail sales, according to the Commerce Department.

A majority of registered voters say the economy has become the most important issue ahead of the 2020 presidential election and may potentially affect their choice for president, according to a new Gallup poll.

The chance of Congress striking a coronavirus relief deal before the November presidential elections remains elusive as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continue to spar over how much money to inject into the pandemic-ravaged economy. 

New York City's business leaders have looked for ways to help the city during its looming financial crisis, as they have done previously in tough times, but some say they haven't found much of a partner in Mayor Bill de Blasio.

Democratic Massachusetts Rep. Katherine Clark knocked Senate Majority Leader Mitch McConnell for not taking up a House coronavirus-relief bill after she said she had an emotional encounter with a flight attendant about to be furloughed.

House Speaker Nancy Pelosi on Friday asked airlines to delay tens of thousands of planned furloughs, vowing that additional government relief is "imminent" for the coronavirus-battered industry.   

Lower-than-expected growth suggests the labor market's recovery from the coronavirus pandemic is beginning to plateau.

It is a critical report as it will be the final reading on the labor market before the November election

Clothing giant H&M plans to close hundreds of stores next year as the COVID-19 pandemic drives more shoppers online. 

The average rate on the 30-year home loan fell to 2.88% from 2.90% last week. One year ago, the rate averaged 3.65%.

The number of Americans applying for state unemployment benefits remained mostly unchanged for the fifth straight week.

Investors will get the latest jobless claims and personal income and spending numbers

Contract signings are a barometer of finalized purchases over the next two months, so this month’s numbers point to continued strong sales into October.

Investors will get the first of this week's jobs-related data with the ADP report on private sector employment

Joe Biden's proposal to hike taxes on corporations and wealthy Americans could dramatically shrink the nation's economy and destroy millions of jobs, according to new projections from President Trump's former chief economist.

The energy-rich nation of Qatar itself needed to bail out the state-owned airline at the end of its financial year on March 31 with $2 billion to keep the airline operating, its annual report acknowledged.

Prices are rising for things people need in the pandemic, even if the overall inflation number remains subdued.

Treasury Secretary Steven Mnuchin said that he and House Speaker Nancy Pelosi agreed to resume talks on another coronavirus relief package more than a month after negotiations first collapsed.

Investors will examine fresh numbers on durable goods on Friday

The number of people seeking unemployment benefits each week was 870,000 for the week ending September 19, the Labor Department said.